SCHEDULE 2CONSEQUENTIAL AMENDMENTS TO THE OPEN-ENDED INVESTMENT COMPANIES REGULATIONS 2001

19.

(1)

For the heading to regulation 58 (execution of deeds overseas: England and Wales) substitute “execution of deeds or other documents by attorney”.

(2)

In regulation 58—

(a)

in paragraph (1)—

(i)

after “England and Wales” insert “or Northern Ireland”;

(ii)

for “by writing under its common seal” substitute “by instrument executed as a deed”;

(iii)

omit the words “in any place elsewhere than in the United Kingdom”;

(b)

in paragraph (2), for “has the same effect as if it were executed under the company’s common seal” substitute “has effect as if executed by the company.”